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Feedback PLC

06 May 2021

Reach announcement

Feedback plc

Anesh Patel appointed as CFO of Feedback Medical

   --     Lindsay Melvin, CFO of Feedback PLC set to retire in H2 2021, succession planning underway 

London, 6 May 2021: Feedback plc (AIM: FDBK, "Feedback" or the "Company"), the specialist medical imaging technology company, is pleased to announce the appointment of Anesh Patel as Chief Financial Officer of its trading subsidiary, Feedback Medical Limited, with immediate effect.

Anesh is joining the Group as part of a succession planning programme following Lindsay Melvin's (Chief Financial Officer of Feedback) decision to retire during H2 2021. Anesh will work alongside Lindsay in the coming months to ensure a smooth and orderly transition.

Anesh Patel joins Feedback Medical from hVIVO Limited, a subsidiary of AIM-listed Open Orphan plc and a rapidly growing, industry-leading, clinical services provider to pharma, biotech and government organisations where most recently he was finance & corporate projects director. Prior to hVIVO, he spent seven years in investment banking where he specialised in corporate finance advisory services, at leading banks including Société Générale and Standard Bank. Anesh started his professional career with Ernst & Young in 2004 where he qualified as a chartered accountant, initially working within the audit & assurance division before transferring to the transaction advisory services - transaction support team for private equity clients. He graduated from University College London (UCL) and holds an MSci. (Hons) degree in Mathematics with Economics.

Rory Shaw, Chairman of Feedback, commented: "We are delighted to welcome Anesh to the Group. He brings a wealth of wide-ranging corporate and commercial finance experience and will provide a safe pair of hands as we begin the process of succession planning following Lindsay's notice of retirement. Lindsay will be very much missed, but we believe that in the coming months, together they will set the Company in good shape to build its future - based on the Company's flagship clinical communications platform, Bleepa."

-Ends-

Enquiries:

 
 Feedback plc                          +44 (0) 20 3997 7634 
  Rory Shaw, Chairman                   IR@fbk.com 
 
 Allenby Capital Limited (Nominated 
  Adviser) 
  David Worlidge / David Hart          +44 (0)20 3328 5656 
 
 Walbrook PR Ltd                       Tel: 020 7933 8780 or feedbackplc@walbrookpr.com 
 Paul McManus/Nick Rome/Nicholas       07980 541 893 or 07748 325 236 or 
  Johnson                               07884 664 686 
 

Notes to editors

Feedback plc (AIM: FDBK) is a medical imaging technology business. Its core product, Bleepa, is a revolutionary medical imaging communications app, providing an easy-to-use, high quality tool to enable remote and secure communications between front-line clinicians and teams. Importantly, it is the only CE marked medical imaging communications platform on the NHSx clinical communications tools framework. Bleepa has unparalleled functionality for everyday practice and can be accessed from any internet-connected device, enabling control of patient cases when on the go.

Its highly scalable Software as a Service ("SaaS") based revenue model will provide increasing levels of visibility as the Company grows its customer base. With a growing distribution base and technology in place, the focus is on leveraging key relationships in order to drive sales both in the UK and internationally to all forms of care facilitators. As a fully certified medical device, Bleepa aims to disrupt the medical imaging communications market and, importantly, increase the accuracy and speed of diagnosis.

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May 06, 2021 02:00 ET (06:00 GMT)

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